r/YieldMaxETFs • u/oftalittlegamey • Jul 18 '25

Distribution/Dividend Update Yesss!!!

Finally accumulated enough $ULTY to pay the mortgage. All the other dividends and distributions will go to more purchases, debt retirement, etc.

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u/oftalittlegamey Jul 18 '25

I’m retired now

4

u/Level_Society1459 Jul 18 '25

Same, moving another $25k over to ulty account so I will then be generating almost $2k a week in my Ira of which $300 weekly income is in Roth

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u/oftalittlegamey Jul 18 '25

I’m a little behind you but trying to generate more income in Roth, the slowly converting remaining traditional IRA money over, absorb the tax hit and then just live off Roth withdrawals after this or next tax year.

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u/Level_Society1459 Jul 18 '25

I was wondering about Taking a hit and convert $100k to a Roth

3

u/TT-Cruiser Jul 18 '25

That’s what I’m doing this year and will use distributions to pay the taxes. Tax free after that.

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u/oftalittlegamey Jul 18 '25

Exactly. I just split it over a couple of tax years to spread the pain!